Group 1 - Confie has acquired TGS Insurance Agency to enhance InsureOne's capabilities as a national platform for standard personal lines and small commercial customers [1][5] - TGS Insurance, founded in 2017, focuses on homeowners and private auto insurance, and has experienced a 20% growth in new business production over the past year [2] - The acquisition will allow TGS to maintain its culture and operating model while expanding its national impact under the InsureOne name [3] Group 2 - Following the acquisition, over 130 insurance professionals from TGS have joined Confie, aiming to improve targeted marketing, data analytics, and carrier partnerships [4] - Confie CEO Cesar Soriano emphasized that the acquisition is about building scale with intention, aligning with the vision for InsureOne as a national standard personal lines platform [5]

Core Insights - Private auto insurers in the US are experiencing significant benefits from earned-in rate increases, leading to record premium levels in the second quarter [2] - Direct premiums written (DPW) reached $90.34 billion, marking the highest second-quarter total on record [2]